Piedmont Lithium: Undervalued High-Risk Play Considering Its Asset Potential [Seeking Alpha]
Lithium Americas Corp. Common Shares (LAC)
Last lithium americas corp. common shares earnings: 11/12 07:00 am
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Source: Seeking Alpha
Summary Lithium stocks have plummeted, but I believe Piedmont stock is undervalued, with significant upside potential over a 24-36 month horizon. Geopolitical factors, U.S. investment in lithium mining, and a sustainability focus suggest a gradual recovery in lithium prices, benefiting Piedmont. Piedmont's assets have high potential, but financing and execution challenges exist; partnerships and future U.S. DOE loans could mitigate dilution risks. Piedmont's stock is a high-risk investment with potential for robust returns if lithium prices recover and financing gaps are addressed. simonkr Investment Overview It would be fair to say that lithium stocks have been decimated in the last 12 to 18 months. This has been in-sync with a big crash in lithium prices after a euphoric rally. It's, however, not the first time that the markets have shown a reaction to the extremes. Further, over the decades of financial history, the best time to buy is when sentiments are over bearis
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High impacting Lithium Americas Corp. Common Shares news events
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LAC
News
- Lithium Americas Corp. (NYSE: LAC) is now covered by analysts at Wedbush. They set a "neutral" rating and a $5.00 price target on the stock.MarketBeat
- Lithium Americas Corp.'s (TSE:LAC) market cap dropped CA$388m last week; individual investors who hold 56% were hit as were institutions [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Shares Rise 44% in 3 Months: How to Play the Stock? [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Reports Strong Q3 2024 Progress [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Corp. (NYSE: LAC) had its price target raised by analysts at B. Riley from $4.50 to $5.00. They now have a "buy" rating on the stock.MarketBeat
LAC
Earnings
- 5/13/24 - Beat
LAC
Sec Filings
- 11/7/24 - Form 6-K
- 11/5/24 - Form 6-K
- 10/17/24 - Form SC
- LAC's page on the SEC website